Rail Vikas Nigam Limited (RVNL) has recently been awarded a tender from South Central Railway for a key infrastructure project. This contract includes the doubling of the railway track between Ankai and Karanjgaon stations and incorporates comprehensive electrification and signalling upgrades as part of the Aurangabad-Ankai doubling project.
More Details:
Rail Vikas Nigam Limited (RVNL) emerges as the Lowest Bidder (L1) from South Central Railway worth over Rs. 440 Crores order for “Engineering, procurement and construction (EPC) tender for proposed the doubling of track between Ankai station & Karanjgaon stations including Electrification and Signalling works in connection with Aurangabad-Ankai doubling project in Nanded Division of South Central Railway.”
Brief about the Tender/Order:
- Tender No. EPC-08-CAO-C-SC-2023 floated for the work of “Engineering, Procurement and Construction (EPC) tender for proposed “Doubling of Track between Ankai station (Excluding) at KM 16.00 (Ch: 16000) & Karanjgaon stations (Excluding) at Km 69.0 I (Ch:69010) (i.e. 53.0 l Km) including Electrification and Signalling works in connection with Aurangabad-Ankai Doubling Project in Nanded Division of South Central Railway.”
- The project is sanctioned in the current budget for a distance of 98.25 Kms with a sanctioned cost of Rs 960.64 Crores.
- Time period by which the order( s)/contract(s) is to be executed is: 30 Months
- Broad consideration or size of the order(s)/contract(s) is: INR 440,00,06,784.36/-
About RVNL:
- The company began its operation in 2005 with the appointment of a Board of Directors.
- The company was granted Miniratna status in September 2013.
- RVNL has been rated “Excellent” for the 9 successive years by the Department of Public Enterprises.
- RVNL has also been ranked 1st amongst the Railway PSEs for the 4 times out of the last 5 years.
- The turnover of the company for the financial year 2019-20 has increased by 44.44%.
- The authorised share capital of the company is Rs. 3000 cr. with paid up share capital of Rs. 2085 cr.
- The company has been listed after its disinvestment of its stake of 12.16% of the company through IPO.
Source: RVNL – Press Release | Image Credit (representational): Central Railway
Join us for the upcoming 5th Rail & Metro Technology Conclave with 600+ Top Rail & Metro Industry Leaders on 23rd & 24th July, 2024 in New Delhi, India. Register here and participate in the summit.
